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Maran Gas Orders Two More LNG Carriers from DSME

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has scored a contract to build two more liquefied natural gas (LNG) carriers for John Angelicoussis’ Maran Gas Maritime.

Under the agreement, signed on February 24, the shipbuilder would deliver the two 174,000 cbm vessels to their owner by the end of December 2021.

DSME said that the contract has a value of KRW 419.9 billion (USD 375.2 million).

With the latest order, the Korean shipbuilder has secured USD 1.1 billion worth of shipbuilding deals so far this year. The current 2019 orderbook consist of nine vessels, including six oil tankers and three LNG carriers.

DSME’s first LNG carrier order in 2019 also came from the Greece-based Maran Gas Maritime. The company ordered the 174,000 cbm ship in mid-February. The newbuilding is expected to be handed over by the first half of 2021.

Daewoo Shipbuilding has set a goal of USD 8.37 billion worth of new orders in 2019, up 10 percent from last year’s order target of USD 7.3 billion.

Last year, DSME won orders for 47 vessels worth USD 6.81 billion, hitting approximately 93% of the company’s orderbook target.

World Maritime News Staff